Business Hilights

Tracking Nigeria's Headline Business News Online

Schlumberger

Equatorial Guinea lauds TechnipFMC, Schlumberger for proactive in local content

The Minister of Mines and Hydrocarbons in Equatorial Guinea, Gabriel Mbaga Obiang Lima, has commended two leading international oil services companies including Schlumberger and TechnipFMC for their sustainable and proactive measures taken to comply with the country’s prevailing local content…

Energy

NNPC, First E&P, Schlumberger seal $700m deal on development of OMLs 83, 85

More investments are underway in the nation’s upstream oil and gas sector following the recent agreement signed by the Nigerian National Petroleum Corporation (NNPC), FIRST Exploration & Production (First E&P), and Schlumberger for the development of the Anyala and Madu…